Cassens Michael David 4
4 · FIRST BUSEY CORP /NV/ · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
First Busey (BUSE) Director Michael Cassens Receives Deferred Stock Award
What Happened
Michael David Cassens, a director of First Busey Corp (BUSE), was granted 2,865 Deferred Stock Units on 2026-04-01. The units were awarded at $0.00 per unit (total reported value $0) and represent an equity award rather than a market purchase or sale.
Key Details
- Transaction date: 2026-04-01 (Form 4 filed 2026-04-03; filing appears timely)
- Grant: 2,865 Deferred Stock Units at $0.00 (award/grant)
- Total reported consideration: $0
- Vesting: These units vest after one year (footnote F1)
- Shares owned after transaction: Not specified in the provided report
- Filing timeliness: Report filed two days after the grant date, consistent with standard reporting windows
Context
Deferred Stock Units are a form of equity compensation that entitle the holder to receive shares (or their cash equivalent) after a vesting period; they do not represent immediate cash proceeds or an open-market purchase. Board grants to directors are common and part of routine compensation; they should not be interpreted on their own as a bullish or bearish market signal.
Insider Transaction Report
Form 4
Cassens Michael David
Director
Transactions
- Award
Common Stock
[F1]2026-04-01+2,865→ 141,638 total
Footnotes (1)
- [F1]Represents a grant by the Board of Directors of Deferred Stock Units which vest after one year.
Signature
/s/ Carolyn Slattery, attorney-in-fact|2026-04-03